First Minister Alex Salmond today announced an annual award, to be presented under the auspices of Scotland’s marine energy Saltire Prize, to recognise outstanding contributions to the development of wave and tidal power. The Saltire Prize, which has attracted more than 150 registrations of interest from 31 countries and already two confirmed applicants, will see £10 million awarded to the team that can demonstrate, in Scottish waters, a commercially-viable wave or tidal stream energy technology that achieves the greatest volume of electrical output over the set minimum hurdle of 100GWh over a continuous two-year period using only sea power.
Today the FM announced an annual Saltire Prize Green Energy Award as well as a £1,000 competition – sponsored by industry body Scottish Renewables and open to art students across Scotland – to design the Award medal. The inaugural Award will be presented at Scottish Renewables’ annual conference in March 2011. Read More
